NOSKI CHARLES H 4
4 · Hewlett Packard Enterprise Co · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
HPE Director Charles Noski Receives RSU Award (8,750 units)
What Happened
Charles H. Noski, a director of Hewlett Packard Enterprise Co. (HPE), was granted 8,750 restricted stock units (RSUs) on 2026-05-01. The RSUs are a derivative award (no purchase price) that will cliff-vest on the earlier of 2027-05-01 or HPE’s 2027 annual meeting; Noski elected to defer receipt of the underlying common stock until termination of his board service. The filing also notes 378.5358 vested RSU dividend-equivalent units were credited to his account on 2026-04-23 at $27.93 each (≈ $10.6k).
Key Details
- Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (filed 4 days after the grant; Form 4s are normally due within 2 business days).
- Transaction type/code: A = Award/Grant (derivative RSUs); no cash paid (price = N/A).
- Award size: 8,750 RSUs; each RSU represents a contingent right to one share at vesting.
- Dividend equivalents: 378.5358 RSU dividend-equivalent rights credited at $27.93 per RSU on 2026-04-23 (≈ $10,572).
- Delivery/vesting: Cliff vesting on earlier of 2027-05-01 or the 2027 annual meeting; reporting person elected to defer actual stock receipt until board service ends.
- Shares owned after transaction: not specified in the provided filing.
Context: This was a standard director equity grant (compensation), not an open-market buy or sale. RSU awards are common for non-employee directors and represent a contingent claim on shares at vesting; deferral elections mean the shares (or their cash equivalent) won’t be delivered until the director leaves the board.
Insider Transaction Report
- Award
Restricted Stock Units
[F3][F4]2026-05-01+8,750→ 8,750 total→ Common Stock (8,750 underlying)
- 0
Common Stock
- 24,745(indirect: By Trust)
Common Stock
- 80,323.729(indirect: By Merrill Lynch)
Common Stock
[F1][F2]
Footnotes (4)
- [F1]The reporting person elected to defer the receipt of common stock until the termination of his service as a member of the Issuer's Board of Directors.
- [F2]The number of shares in column 5 includes 378.5358 vested restricted stock unit ("RSU") dividend equivalent rights at $27.93 per RSU credited to the reporting person's account on 04/23/26.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- [F4]On 05/01/26, the reporting person was granted 8,750 restricted stock units ("RSUs"), all of which will cliff vest on the earlier of 05/01/27 or the date of Issuer's 2027 Annual Stockholders Meeting. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The reporting person elected to defer the receipt of common stock until the termination of his service as a member of the Issuer's Board of Directors.